CNA Financial (CNA) Tops Q4 EPS by 7c

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CNA Financial Announces Fourth Quarter 2019 Results

February 10, 2020 6:00 AM EST

CHICAGO, Feb. 10, 2020 /PRNewswire/ -- CNA Financial Corporation (NYSE: CNA) today announced fourth quarter 2019 net income of $273 million, or $1.00 per share, and core income of $265 million, or $0.97 per share.   Net income for the full year 2019 was $1.0 billion, or $3.67 per share, and core income was $979 million, or $3.59 per share.  Property & Casualty Operations combined ratio for the fourth quarter was 95.6% and the underlying combined ratio was 94.9%.  Net investment income, after tax, was $443 million for the fourth quarter of 2019, including $56 million from limited partnership and common stock investments.

Excluding third party captives, Property & Casualty... More